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20121027
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the bay area, chevron's richmond oil refinery should be fully functional again by early next year. the crude oil unit was devastated by a massive fire back in august. chevron is working on repairs right now, they have been since that fire. the oil company's output was down by more than 100,000 barrels over a year ago. that decrease first blamed on the fire. >>> it is the first saturday in november. that means crab fishing season is underway in northern california. recreation al fishermen will have 12 days to catch those. they are limited to 10 crabs per catch. >>> sesame street's elmo and his civic duty. still to come the puppet-based protest rallying support for public broadcasting. >> the chances of me conceding naturally would be very slim. >>> in this morning's health watch a wake up call for women who want to have babies. >>> this is a special weekend because it is 49 hours long. we are falling back, which typically means temperatures are falling as well. not the case as you'll see in my extended forecast, coming up. both mother and baby. but obesity also makes it harder a wo
, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. the data she shares from comments, reviews, and social networks tells a company what to make. what it's made from, how it's shipped, and the way it's sold. some companies are increasing sales up to 20% by using analytics to tailor experiences to the one person that matters most. that's what i'm working on. i'm an ibmer. let's build a smarter planet. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. with features like scanning a barcode to get detailed stock quotes
to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >> osgood: now a look at halloween by the numbers. a record 170 million people in this country say they plan to celebrate halloween this year according to a national retail federation survey. total halloween spending is projected to hit $8 billion. the average halloween consumer spending nearly $80, up from last year. more than 93% of children go trick or treating according to the national confectioners association. 63% of trick or treaters say chocolate is their favorite treat. followed by 9% favoring lollipops, 7% gummy candy, and 7% for those who favor bubble gum or chewing gum. as for the adults who hand out the treats, 41% confess that they indulge their sweet tooth from their own candy bowl. and finally, barack obama masks are out-selling mitt rom
to an oilfield where companies like chevron having drilling for more than 60 years. but new technology would allow that drilling to expand to places where the oil lies much deeper. 14billion barrels of oil reserves could now finally be accessible in the hills and valleys beyond san ard doe in an area known as the monterey shale. >> these are source rocks for oil and gas. >> reporter: this physicist says shale oil is harder to harvest. you need go down and out horizontally in a technique called fracking. >> now we have technology, enabling technologies, that allow these reservoirs to be produced economically. >> reporter: with oil at almost $90 a barrel, he predicts things are about to change. fast. >> there's just a lot more activity and a lot of that activity is in places where there hasn't been much for a long period of time. >> reporter: in monterey county oil prospectors are knock on the doors of landowners trying to buy up leases. >> now all of a sudden, the people that drilled for oil are more interested in going out and getting these mineral rights for property owners. >> reporter: th
this morning, chevron a big drop in profit in the last quarter down about 33% to $5.25 billion. revenue is down also. missed expectations by around $8 billion. the company had lower natural gas and oil production also higher maintenance costs including the big fire at its richmond refinery. >> linkedin proves it's one of the better social media companies turning a profit of over a couple of million dollars in the recent quarter after a loss the year earlier. markets have modest gains. we had a nice day yesterday so some of the gains baked in early. the dow up only by 5 points right now. nasdaq higher b a fraction as well as the s&p. earnings reports have been poor for the 3rd quarter fourth not looking better. back to you guys. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> new this morning, a couple of die-hard apple fans are lining up for the new ipad mini. this is in san francisco overnight. preorders for the 7.9" tablet sold out in 20 minutes last week. today only the wi-fi version of the mini is on sale. the cellar model hits shelves in time for the holiday shopping season
Search Results 0 to 4 of about 5